Purchasing Power Parity

Q.

What is the full form of PPP?

Q.

The foreign exchange rate of a country is the

Q. Which of the following provides an idea about the exchange rate between two currencies?

1. Net national product
2. Per capita income
3. Purchasing power parity
4. Gross domestic product

Q. As of 2017, India was the largest economy in terms of purchasing power parity.

1. second
2. third
3. fourth
4. fifth

Q. Which of the following provides an idea about the exchange rate of the currency of a country?

1. Gross domestic product
2. National income
3. Purchasing power parity
4. Per capita income

Q. As per the data of 2017, which of the following two countries were ahead of India in terms of purchasing power parity?

1. USA
2. Japan
3. China
4. Russia

Q. In general, purchasing power parity is a comparison between the purchasing power of a domestic currency with which of the following currencies?

1. Indian rupee
2. US dollar
3. Euro
4. Yen